Limit

Limit orders allow precise execution. When a user sets a limit, Terrace posts the order to whichever venues offer the best combination of depth, reliability, and fees. The system continuously checks order-book movements: if the market changes, Terrace will cancel and repost across venues as pricing updates, without altering the original limit price. Unlike a typical single-venue limit order that sits idle on one pool, Terrace maintains visibility across all venues. If another exchange’s book becomes more favourable, it cancels and reposts to that venue automatically. The platform also supports “post-only” mode, ensuring orders never take liquidity unless explicitly configured to.